Jun 17, 2022 | 2022 Research, Featured Research, Job Reports, Jobs & Our Economy, Recent Research
FULL REPORT Arizona added 5,800 nonfarm jobs in May (+0.19%) and the Unemployment Rate was unchanged at 3.2% – suggesting labor market conditions remain historically tight even as the Arizona and national job markets continue to exhibit real-time signs of...
May 27, 2022 | 2022 Research, Featured Research, Jobs & Our Economy, Recent Research, Research
The burdens presented by occupational licenses have been an issue of national discussion in recent years, and one that has bridged the partisan divide. Both President Barack Obama and President Donald Trump advocated for reforms to allow more Americans to get to work more quickly considering the sharp increase in these licensing requirements over the last several decades.
May 20, 2022 | 2022 Research, Featured Research, Job Reports, Jobs & Our Economy, Recent Research, Research
Arizona added 16,100 nonfarm jobs in April (+0.53%) and the Unemployment Rate declined by 0.1 percentage points to 3.2% – the lowest unemployment rate ever recorded in the state. Revisions to March were minor, and the non-farm measure of employment continues to show a decline last month even as total employment (measured by another survey) continued increasing.
May 11, 2022 | 2022 Research, Featured Research, Inflation Reports, Jobs & Our Economy, Recent Research, Research
Consumer prices in the United States continued their record ascent in April, rising 8.3% over the last 12 months – among the highest rates in forty years. At 11.0%, price inflation in the Phoenix metropolitan area remains both well above the national average and at the highest levels ever recorded for the city.
May 3, 2022 | 2022 Research, Featured Research, Housing & Our Community, Recent Research, Research
Arizona – and particularly the Phoenix metro market – is now an expensive place to live. The current inflation crisis has accelerated a longer-run trend in the relatively rapid appreciation of cost of living here relative to other major metro areas.
Apr 25, 2022 | 2022 Research, Featured Research, Recent Research, Research, Taxes & Fees
Common Sense Institute (CSI) used the REMI dynamic economic simulation model PI+, to estimate the combined 10-year effects of repealing the 8.00% progressive state income tax and replacing it with a single, flat 2.50% income tax.
